Taurian MPS Limited shares surged 5% following the announcement of securing fresh orders worth ₹34.02 crore at the EXCON Exhibition. The microcap company, engaged in manufacturing and supplying crushing and screening equipment for mining and construction sectors, saw its stock price rise to ₹244 per share from the previous day's close of ₹232.

Order Details and Exhibition Success

The company secured orders worth ₹34.02 crore, including GST, during the EXCON Exhibition held in Bengaluru between December 9 and December 13, 2025. These orders represent a significant addition to the company's order book and demonstrate steady demand for its construction and mining equipment from both domestic and international markets.

The orders were received in the normal course of business, with execution scheduled over current and upcoming financial periods based on mutually agreed delivery schedules. mps clarified that these are not related-party transactions, with no promoter or promoter group interest in the ordering customers.

Market Performance and Valuation

With a market capitalization of ₹216 crore, Taurian MPS shares are currently trading at a P/E ratio of 23.20, which is below the industry average of 31.50. This valuation metric suggests the stock may be attractively priced relative to industry peers.

Company Operations and Global Presence

Taurian MPS has established a strong global footprint, successfully delivering over 2,000 installations worldwide. The company maintains presence across 20+ countries through a global dealer network of over 25 partners. As of Q2FY25, the company's order book and pipeline amount to ₹35 crore, with typically short order cycles ranging between 2-3 months due to approximately 45-day delivery timelines.

The company operates at 90% capacity utilization with a revenue potential of ₹18-20 crore per month, indicating strong operational efficiency and market demand for its products.

Financial Performance Analysis

The company's recent financial performance shows mixed results across different time periods:

Year-on-Year Performance:

Half-Yearly Performance:

The fresh orders worth ₹34.02 crore represent a significant boost to the company's business prospects, particularly given the current order book of ₹35 crore. This new business nearly doubles the existing order pipeline and should contribute positively to future financial performance.

MPS Infotecnics Ltd has announced the resignation of its Non-Executive Director Mr. Peeyush Kumar Aggarwal, effective December 26, 2025. The resignation was communicated to stock exchanges on December 30, 2025, in compliance with SEBI regulations.

Resignation Details

Mr. Peeyush Kumar Aggarwal (DIN: 00090423) submitted his resignation letter dated December 26, 2025, citing pre-occupation and health issues as the primary reasons for his departure from the Board of Directors. The resignation became effective immediately upon submission.

Regulatory Compliance

The company disclosed the resignation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. MPS Infotecnics Ltd informed both the National Stock Exchange of India Limited and BSE Limited about the directorship change as required under the regulations.

The disclosure was made pursuant to Sub-Para 7, Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, and in accordance with SEBI Circular no. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Board Meeting Schedule

Due to the unavailability of certain Board Members at present, MPS Infotecnics Ltd has requested one week's time to convene a Board Meeting to formally place and note the resignation. The company confirmed that no other material reasons exist for the resignation beyond those mentioned in the resignation letter.

Administrative Process

The resignation letter was signed by Director Rachit Garg (DIN: 07574194) on behalf of MPS Infotecnics Ltd. The company will file the necessary forms with the Registrar of Companies, Delhi & Haryana, and provide acknowledgment of the resignation receipt along with a copy of e-Form DIR-12 for record purposes.